xbrl

2737360falseCarpet retailer2016-10-012017-09-30http://www.companieshouse.gov.uk/2016-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2016-09-30http://www.companieshouse.gov.uk/cd:Director12016-10-012017-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2017-09-30http://www.companieshouse.gov.uk/cd:Director22016-10-012017-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2016-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2017-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-10-012017-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2016-10-012017-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2016-10-012017-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2017-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2016-09-30http://www.companieshouse.gov.uk/2016-10-012017-09-30http://www.companieshouse.gov.uk/2016-09-30http://www.companieshouse.gov.uk/cd:FRS1022016-10-012017-09-30http://www.companieshouse.gov.uk/2017-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2016-10-012017-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2016-10-012017-09-30iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 2737360






ABD Carpets Limited


ACCOUNTS

FOR THE YEAR ENDED 30/09/2017
























Prepared By:
Cooper & Co.
Accountants
Broad Court
57 Broad Street
Cannock
Staffordshire
WS11 0DA


ACCOUNTS
FOR THE YEAR ENDED 30/09/2017





DIRECTORS
Mr A J Elcock
Mr D Stevens



SECRETARY
Mr A J Elcock


REGISTERED OFFICE
Broad Court
57 Broad Street
Cannock
Staffordshire
WS11 0DA


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 2737360



ACCOUNTANTS
Cooper & Co.
Accountants
Broad Court
57 Broad Street
Cannock
Staffordshire
WS11 0DA


ACCOUNTS
FOR THEYEARENDED30/09/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/09/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		62		72

CURRENT ASSETS
Stock		3,508		4,136
Debtors	4	9,171		7,529
Cash at bank and in hand		403		4,223
		13,082		15,888
CREDITORS: Amounts falling due within one year	5	21,665		23,519
NET CURRENT LIABILITIES			(8,583)		(7,631)
TOTAL ASSETS LESS CURRENT LIABILITIES			(8,521)		(7,559)

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			(8,621)		(7,659)
SHAREHOLDERS' FUNDS			(8,521)		(7,559)

For the year ending 30/09/2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 11/05/2018 and signed on their behalf by



.............................
Mr A J Elcock
Director



.............................
Mr D Stevens
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 15%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




2. TANGIBLE FIXED ASSETS

	Fixtures
	and Fittings	Total
	£	£
Cost
At 01/10/2016	2,137	2,137
At 30/09/2017	2,137	2,137
Depreciation
At 01/10/2016	2,065	2,065
For the year	10	10
At 30/09/2017	2,075	2,075
Net Book Amounts
At 30/09/2017	62	62
At 30/09/2016	72	72




3. STOCK	2017	2016
	£	£
Stock comprises:

Stock	3,508	4,136
	3,508	4,136




4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	6,465	5,462
Other debtors	192	2,067
Directors current account	2,514	-
	9,171	7,529




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
VAT	3,036	3,455
PAYE control	268	170
Directors current account	-	5,663
Directors current account AJE : VAT Payments	6,764	5,366
Bank loans and overdrafts	3,437	-
Trade creditors	5,377	6,087
Other creditors	786	2,778
Accruals	1,997	-
	21,665	23,519




7. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




6. EMPLOYEES

	2017	2016
	No.	No.
Average number of employees	2	2